Matthew P. Sorenson

Matthew P. Sorenson is senior managing director with Development Specialists, Inc. in Los Angeles, where he leads and advises on corporate wind-downs, bankruptcy alternatives and complex asset-monetizations. He has served as assignee for the benefit of creditors in hundreds of matters, been retained to serve on boards during closures, and frequently acts as the remaining officer and director for entities navigating dissolution. Mr. Sorenson has been appointed CEO, CFO, COO and receiver in multiple wind-down engagements and has assisted chapter 11 trustees and receivers with on-site management, real property liquidation, operational and human-resources management, cash and budget oversight, valuation and sales of tangible and intellectual-property assets, preferential and fraudulent-transfer analysis, and final collections of estate receivables. He serves as treasurer of the Los Angeles Bankruptcy Forum and has served on its board for more than a decade. He also is a member of ABI, the California Receivers Forum, the California Bankruptcy Forum and the Turnaround Management Association. Mr. Sorenson received his Bachelor’s degree in economics with a minor in business administration from the University of Arizona.